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AFTER MARKET UPDATE - WEDNESDAY, OCTOBER 10TH, 2018
Previous After Market Report Next After Market Report >>>
Indices NYSE Nasdaq
DOW  -831.83 25,598.74 -3.15% Volume 1,067,778,060 +33% Volume 3,069,895,200 +18%
NASDAQ -315.97 7,422.05 -4.08% Advancers 342 11% Advancers 386 12%
S&P 500 -94.66 2,785.68 -3.29% Decliners 2,686 89% Decliners 2,710 88%
Russell 2000 -46.45 1,575.41 -2.86% 52 Wk Highs 34   52 Wk Highs 17  
S&P 600 -28.15 987.79 -2.77% 52 Wk Lows 502   52 Wk Lows 330  

Major Indices' Weak Action Indicative of a Market Correction

Stocks finished firmly lower Wednesday. The Dow fell 831 points to 25598 while the S&P 500 lost 94 points to 2785, capping its first five-session losing streak since 2016. The Nasdaq Composite slipped 315 points to 7422. Volume totals reported were higher on the NYSE and on the Nasdaq exchange versus the prior session, a clear indication of distributional pressure. Decliners led advancers by almost an 8-1 margin on the NYSE and by 7-1 on the Nasdaq exchange. There were 9 high-ranked companies from the Leaders List that made new 52-week highs and were listed on the BreakOuts Page, versus the total of 13 on the prior session - down considerably from 38 last Friday, clear proof leadership has waned. New 52-week lows totals swelled and solidly outnumbered shrinking new 52-week highs on both the NYSE and Nasdaq. The major indices (M criteria) have shown action indicative of a market in correction while leadership has thinned.  During market corrections investors should have a bias toward selling stocks on a case by case basis as technical sell signals occur. ThFeatured Stocks Page provides the most timely analysis on high-ranked leaders.
Charts used courtesy of www.stockcharts.com

PICTURED: The Nasdaq Composite Index violated its 200-day moving average (DMA) line with a big volume-driven loss.

The Dow and S&P 500 each had their worst session in more than six months as investors gauged rising interest rates and the continued rout in Tech shares. The CBOE Volatility Index (VIX) hit its highest level since April as hurricane Michael heads towards the U.S. gulf coast. Technology shares retreated 4.7%, bringing the group’s five-day slump to 8.4% as global trade concerns and rising bond yields have seemingly sparked a sector rotation. Advanced Micro Devices (AMD -8.22%) and Microsoft (MSFT -5.43%) fell.

All 11 S&P 500 finished lower with eight of the sectors losing more than 2%. In addition to the Tech sell-off, Energy shares were off 3.6% in sympathy with a 2.8% loss to $72.83/barrel for WTI crude. Industrials also retreated, with Fastenal (FAST -7.14%) as the company cited higher input costs in lowering its forward guidance. Amazon (AMZN -6.15%) weighed down the Consumer Discretionary sector, leaving the eCommerce giant down 13% from its September high.

The yield on the 10-year Treasury note finished down one basis point to 3.19%. The yield briefly hit 3.24% this morning after a report showed that producer price inflation rebounded in September, but bonds rallied as the equity sell-off deepened.

Kenneth J. Gruneisen started out as a licensed stockbroker in August 1987, a couple of months prior to the historic stock market crash that took the Dow Jones Industrial Average down -22.6% in a single day. He has published daily fact-based fundamental and technical analysis on high-ranked stocks online for two decades. Through FACTBASEDINVESTING.COM, Kenneth provides educational articles, news, market commentary, and other information regarding proven investment systems that work in good times and bad.

Comments contained in the body of this report are technical opinions only and are not necessarily those of Gruneisen Growth Corp. The material herein has been obtained from sources believed to be reliable and accurate, however, its accuracy and completeness cannot be guaranteed. Our firm, employees, and customers may effect transactions, including transactions contrary to any recommendation herein, or have positions in the securities mentioned herein or options with respect thereto. Any recommendation contained in this report may not be suitable for all investors and it is not to be deemed an offer or solicitation on our part with respect to the purchase or sale of any securities.


Energy, Tech, Financial, and Retail Indexes Fell

The Bank Index ($BKX -2.31%), Broker/Dealer Index ($XBD -3.03%), and the Retail Index ($RLX -4.03%) were unanimously lower on Wednesday, creating a drag on the major averages. The tech sector also had a negative bias as the Networking Index ($NWX -3.86%), Biotech Index ($BTK -3.62%), and the Semiconductor Index ($SOX -4.46%) each sankThOil Services Index ($OSX -5.62%) and the Integrated Oil Index ($XOI -3.80%) both suffered large losses.  The Gold & Silver Index ($XAU +0.98%) was a standout gainer.

Charts courtesy of www.stockcharts.com

PICTURED: The Biotech Index ($BTK -3.62%) has slumped below its 50-day toward its 200-day moving average (DMA) line.

Industry Index Symbol Close Change % Change YTD % Change
Oil Services $OSX  145.94 -8.70 -5.63% -2.41%
Integrated Oil $XOI  1,528.26 -60.40 -3.80% +14.43%
Semiconductor $SOX  1,242.10 -58.05 -4.46% -0.87%
Networking $NWX  512.25 -20.56 -3.86% +4.43%
Broker/Dealer $XBD  264.95 -8.29 -3.03% -0.11%
Retail $RLX  2,216.18 -93.09 -4.03% +27.82%
Gold & Silver $XAU  65.51 +0.63 +0.97% -23.17%
Bank $BKX  104.19 -2.47 -2.32% -2.36%
Biotech $BTK  4,885.81 -183.71 -3.62% +15.72%


Bank Recently Sputtering Below its 50-Day Moving Average

Old Second Bancorp Inc (OSBC -$0.13 or -0.86% to $15.01) has recently been sputtering below its 50-day moving average (DMA) line ($15.34). A rebound above the 50 DMA line is needed for its outlook to improve. Prior lows and its 200 DMA line define additional near-term support. Its Relative Strength Rating is 78, below the 80+ minimum guideline for buy candidates.

OSBC met stubborn resistance after hitting a new high on 7/26/18 with a big volume-driven gain. Fundamentals remain strong.
OSBC was last shown in this FSU section on 8/23/18 with an annotated graph under the headline, "Bank Perched Less Than -5% Off Record High". It was highlighted in yellow with pivot point cited based on prior highs plus 10 cents in the 5/21/18 mid-day report (read here).

Fundamentals remain strong after it reported Jun '18 quarterly earnings +71% on +23% sales revenues.marking its 6th consecutive quarterly comparison with earnings above the +25% minimum guideline (C criteria). Annual earnings history has been a good match with the fact-based investment system's guidelines (A criteria).

The number of top-rated funds owning its shares rose from 166 in Jun '17 to 185 in Jun '18, a reassuring sign concerning the I criteria. Its current Up/Down Volume Ratio of 1.2 is an unbiased indication its shares have been under slight accumulation over the past 50 days. There are only 28.6 million shares (S criteria) in the public float, which can contribute to greater price volatility in the event of institutional buying or selling. Leadership in other Bank stocks is a reassuring sign concerning the L criteria.

Charts courtesy of www.stockcharts.com


Color Codes Explained :
Y - Better candidates highlighted by our staff of experts.
G - Previously featured in past reports as yellow but may no longer be buyable under the guidelines.

***Last / Change / Volume data in this table is the closing quote data***
Symbol/Exchange
Company Name
Industry Group
PRICE CHANGE
(%Change)
Day High Volume
(% DAV)
(% 50 day avg vol)
52 Wk Hi
% From Hi
Featured
Date
Price
Featured
Pivot Featured
Max Buy
OSBC - NASDAQ
Old Second Bancorp Inc
BANKING - Regional - Midwest Banks  
$15.01 -0.13
-0.86%

$15.24

81,740
86.04% of 50 DAV
50 DAV is 95,000
$16.30
-7.91%
9/24/2018 $15.38 PP = $16.40
MB = $17.22
Most Recent Note - 10/10/2018 1:33:01 PM
G - Color code is changed to green while sputtering below its 50 DMA line ($15.34). Prior lows and its 200 DMA line define additional near-term support. Its Relative Strength Rating is 74, below the 80+ minimum guideline for buy candidates. Met stubborn resistance after hitting a new high on 7/26/18 with a big volume-driven gain. Fundamentals remain strong.
>>> FEATURED STOCK ARTICLE : Bank Recently Sputtering Below its 50-Day Moving Average - 10/10/2018
 |  View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A  S  I 
SIVB - NASDAQ
S V B Financial Group
BANKING - Regional - Pacific Banks  
$301.14 -14.91
-4.72%

$317.29

755,215
199.27% of 50 DAV
50 DAV is 379,000
$333.74
-9.77%
8/6/2018 $314.77 PP = $329.75
MB = $346.24
Most Recent Note - 10/10/2018 6:03:27 PM
G - Suffered a big volume-driven loss today and ended near the session low. A rebound above the 50 DMA line ($320) is needed for its outlook to improve.
>>> FEATURED STOCK ARTICLE : Bank Posted Quiet Gain for a Best-Ever Close - 8/27/2018
 |  View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A  S  I 
GMED - NYSE
Globus Medical Inc Cl A
CHEMICALS - Specialty Chemicals  
$50.68 -0.19
-0.37%

$51.46

950,692
155.09% of 50 DAV
50 DAV is 613,000
$57.55
-11.94%
9/26/2018 $56.11 PP = $57.65
MB = $60.53
Most Recent Note - 10/9/2018 5:13:38 PM
G - Color code is changed to green after a slump. Halted its slide at its 200 DMA line, however a rebound above the 50 DMA line is needed for its outlook to improve. Subsequent gains above the pivot point backed by more than +40% above average volume are needed to trigger a proper technical buy signal.
>>> FEATURED STOCK ARTICLE : Rallying Near Pivot Point With Volume-Driven Gains - 9/26/2018
 |  View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A  S  I 
ZBRA - NASDAQ
Zebra Tech Corp Cl A
COMPUTER HARDWARE - Computer Peripherals  
$149.58 -7.80
-4.96%

$157.76

761,893
199.97% of 50 DAV
50 DAV is 381,000
$179.47
-16.65%
8/7/2018 $164.26 PP = $161.82
MB = $169.91
Most Recent Note - 10/10/2018 12:28:51 PM
G - With today's 5th consecutive loss it is slumping further below its 50 DMA line ($166) and prior high ($161) after noted losses triggered technical sell signals. Only a prompt rebound above the 50 DMA line would help its outlook improve.
>>> FEATURED STOCK ARTICLE : Hovering Near All-Time High With Strong Fundamentals - 9/24/2018
 |  View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A  S  I 
EPAM - NYSE
Epam Systems Inc
COMPUTER SOFTWARE and SERVICES - Information Technology Service  
$122.12 -6.82
-5.29%

$128.93

386,087
93.71% of 50 DAV
50 DAV is 412,000
$144.19
-15.31%
7/5/2018 $123.70 PP = $131.85
MB = $138.44
Most Recent Note - 10/10/2018 5:55:05 PM
Violated its 200 DMA line with today's big loss on higher (near average) volume. Faces resistance due to overhead supply up through the $144 level. It will be dropped from the Featured Stocks list tonight.
>>> FEATURED STOCK ARTICLE : Slump Below 50-Day Moving Average Raised Concerns - 10/5/2018
 |  View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A  S  I 
Symbol/Exchange
Company Name
Industry Group
PRICE CHANGE
(%Change)
Day High Volume
(% DAV)
(% 50 day avg vol)
52 Wk Hi
% From Hi
Featured
Date
Price
Featured
Pivot Featured
Max Buy
IRBT - NASDAQ
Irobot Corp
CONSUMER DURABLES - Electronic Equipment  
$88.81 -6.18
-6.51%

$95.00

880,812
107.81% of 50 DAV
50 DAV is 817,000
$118.75
-25.21%
8/29/2018 $112.07 PP = $109.88
MB = $115.37
Most Recent Note - 10/10/2018 5:22:54 PM
Slumped further below its 50 DMA line and prior low ($99.73 on 9/07/18) today after recently noted technical sell signals. A rebound above the 50 DMA line ($101) is needed for its outlook to improve. It will be dropped from the Featured Stocks list tonight.
>>> FEATURED STOCK ARTICLE : Household Appliance Maker Rallied From Choppy Base - 8/29/2018
 |  View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A  S  I 
TSC - NASDAQ
TriState Capital Hld Inc
CONSUMER NON-DURABLES - Personal Products  
$27.76 -0.23
-0.82%

$28.11

370,470
188.06% of 50 DAV
50 DAV is 197,000
$30.10
-7.77%
9/11/2018 $29.75 PP = $30.20
MB = $31.71
Most Recent Note - 10/10/2018 1:31:32 PM
G - A rebound above the 50 DMA line ($28.87) still is needed for its outlook to improve. Found support near prior highs in the $27 area. Faces near-term resistance due to overhead supply up to the $30 level.
>>> FEATURED STOCK ARTICLE : TriState Bank Perched Near All-Time High - 9/11/2018
 |  View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A  S  I 
CME - NASDAQ
C M E Group Inc
DIVERSIFIED SERVICES - Business/Management Services  
$180.25 -0.91
-0.50%

$182.48

2,399,015
183.97% of 50 DAV
50 DAV is 1,304,000
$182.97
-1.49%
10/4/2018 $179.29 PP = $177.45
MB = $186.32
Most Recent Note - 10/10/2018 5:53:05 PM
Y - Stubbornly holding its ground despite broad market weakness (M criteria). Prior highs in the $177 area define initial support to watch on pullbacks.
>>> FEATURED STOCK ARTICLE : CME Group Blasted to New Record High - 10/4/2018
 |  View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A  S  I 
FLT - NYSE
Fleetcor Technologies
DIVERSIFIED SERVICES - Business/Management Services  
$205.28 -9.88
-4.59%

$215.16

745,106
143.84% of 50 DAV
50 DAV is 518,000
$230.24
-10.84%
9/12/2018 $221.01 PP = $226.02
MB = $237.32
Most Recent Note - 10/9/2018 5:10:08 PM
G - Sputtering below its 50 DMA line ($218) after 4 consecutive losses and its color code is changed to green. A rebound above the 50 DMA line is needed for its outlook to improve. Subsequent volume-driven gains above the pivot point are needed to trigger a new (or add-on) technical buy signal.
>>> FEATURED STOCK ARTICLE : Perched Within Close Striking Distance of New Pivot Point - 9/20/2018
 |  View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A  S  I 
MA - NYSE
Mastercard Inc Cl A
Finance-CrdtCard/PmtPr  
$196.69 -13.07
-6.23%

$209.33

7,606,507
242.86% of 50 DAV
50 DAV is 3,132,000
$225.35
-12.72%
7/11/2018 $203.84 PP = $204.10
MB = $214.31
Most Recent Note - 10/10/2018 12:08:46 PM
G - Slumping further today raising concerns after volume-driven losses triggered technical sell signals. Only a prompt rebound above the 50 DMA line ($211) would help its outlook improve.
>>> FEATURED STOCK ARTICLE : Hovering Near High, Extended From Any Sound Base - 9/27/2018
 |  View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A  S  I 
Symbol/Exchange
Company Name
Industry Group
PRICE CHANGE
(%Change)
Day High Volume
(% DAV)
(% 50 day avg vol)
52 Wk Hi
% From Hi
Featured
Date
Price
Featured
Pivot Featured
Max Buy
V - NYSE
Visa Inc Cl A
Finance-CrdtCard/PmtPr  
$135.52 -6.79
-4.77%

$142.69

15,094,443
208.29% of 50 DAV
50 DAV is 7,247,000
$151.56
-10.58%
4/26/2018 $126.68 PP = $126.98
MB = $133.33
Most Recent Note - 10/10/2018 12:21:39 PM
G - Slumping even further below its 50 DMA line ($144) and recent low ($142.55 on 9/05/18) with today's big loss after recently noted technical sell signals. Only a rebound above the 50 DMA line would help its outlook improve.
>>> FEATURED STOCK ARTICLE : Visa Near Record but Endured Distributional Pressure - 9/13/2018
 |  View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A  S  I 
ENV - NYSE
Envestnet Inc
FINANCIAL SERVICES - Diversified Investments  
$58.09 -1.60
-2.68%

$59.72

380,567
154.70% of 50 DAV
50 DAV is 246,000
$64.80
-10.35%
6/15/2018 $57.85 PP = $60.37
MB = $63.39
Most Recent Note - 10/8/2018 6:47:11 PM
G - Sputtering below its 50 DMA line ($61.15) again. A rebound is needed for its outlook to improve. Its Relative Strength Rating is 79, below the 80+ minimum guideline for buy candidates. Fundamentals remain strong.
>>> FEATURED STOCK ARTICLE : Found Recent Support at 50-Day Moving Average - 9/21/2018
 |  View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A  S  I 
TPL - NYSE
Texas Pacific Land Trust
Real Estate Dvlpmt/Ops  
$804.89 -34.21
-4.08%

$834.00

18,812
144.71% of 50 DAV
50 DAV is 13,000
$877.97
-8.32%
9/14/2018 $820.45 PP = $874.10
MB = $917.81
Most Recent Note - 10/10/2018 5:58:50 PM
G - Color code is changed to green after a loss today on higher volume violated its 50 DMA line triggering a technical sell signal. A rebound above the 50 DMA line ($828) is needed for its outlook to improve. The recent low ($818 on 9/17/18) defines the next important near-term support to watch.
>>> FEATURED STOCK ARTICLE : Best Ever Close After a Solid Gain on Higher Volume - 9/4/2018
 |  View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A  S  I 
ABMD - NASDAQ
Abiomed Inc
HEALTH SERVICES - Medical Instruments and Supplies  
$376.89 -18.19
-4.60%

$396.99

849,510
144.47% of 50 DAV
50 DAV is 588,000
$459.75
-18.02%
9/25/2018 $441.96 PP = $451.03
MB = $473.58
Most Recent Note - 10/10/2018 5:36:51 PM
G - Color code is changed to green after slumping below its 50 DMA line ($391) with higher volume behind today's 8th consecutive loss. Only a prompt rebound above the 50 DMA line would help its outlook improve.
>>> FEATURED STOCK ARTICLE : Quick Rebound Near Prior High - 9/25/2018
 |  View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A  S  I 
ODFL - NASDAQ
Old Dominion Fght Line
TRANSPORTATION - Trucking  
$139.00 -9.40
-6.33%

$148.82

1,327,563
245.39% of 50 DAV
50 DAV is 541,000
$170.22
-18.34%
9/6/2018 $163.11 PP = $164.20
MB = $172.41
Most Recent Note - 10/10/2018 5:34:54 PM
Violated its 200 DMA line ($147) with a big volume-driven loss today triggering a more worrisome technical sell signal. It will be dropped from the Featured Stocks list tonight.
>>> FEATURED STOCK ARTICLE : Trucking Firm Perched at All-Time High - 9/7/2018
 |  View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A  S  I 
Symbol/Exchange
Company Name
Industry Group
PRICE CHANGE
(%Change)
Day High Volume
(% DAV)
(% 50 day avg vol)
52 Wk Hi
% From Hi
Featured
Date
Price
Featured
Pivot Featured
Max Buy
DPZ - NYSE
Dominos Pizza Inc
Retail-Restaurants  
$274.92 -9.26
-3.26%

$285.76

569,431
113.66% of 50 DAV
50 DAV is 501,000
$305.34
-9.96%
8/13/2018 $288.60 PP = $293.91
MB = $308.61
Most Recent Note - 10/10/2018 1:30:01 PM
G - Color code is changed to green while sputtering below its 50 DMA line ($287) raising concerns. The recent low ($273.63 on 9/17/18) defines important near-term support to watch.
>>> FEATURED STOCK ARTICLE : Pulling Back After Wedging Gains for Highs Lacked Great Volume - 9/5/2018
 |  View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A  S  I 
FIVE - NASDAQ
Five Below Inc
Retail-DiscountandVariety  
$115.04 -6.01
-4.96%

$121.97

1,228,255
133.94% of 50 DAV
50 DAV is 917,000
$136.13
-15.49%
7/6/2018 $98.90 PP = $104.09
MB = $109.29
Most Recent Note - 10/10/2018 5:56:26 PM
G - Violated its 50 DMA line ($117) with today's volume-driven loss triggering a technical sell signal. The prior high ($109.09 on 7/19/18) defines the next important support level to watch.
>>> FEATURED STOCK ARTICLE : Retreating After +138% Rally in Under 12 Months - 10/2/2018
 |  View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A  S  I 
NOW - NYSE
Servicenow Inc
Computer Sftwr-Enterprse  
$172.14 -9.27
-5.11%

$180.83

3,538,151
195.05% of 50 DAV
50 DAV is 1,814,000
$206.30
-16.56%
8/24/2018 $193.83 PP = $194.91
MB = $204.66
Most Recent Note - 10/10/2018 6:01:56 PM
Slumped below the prior low ($174.35 on 7/12/18) and tested its 200 DMA line ($172) with a volume-driven loss today. A rebound above the 50 DMA line ($190) is needed for its outlook to improve. It will be dropped from the Featured Stocks list tonight.
>>> FEATURED STOCK ARTICLE : Found Support at 50-Day Average After Slump Into Prior Base - 10/3/2018
 |  View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A  S  I 
NVEE - NASDAQ
N V 5 Global Inc
Comml Svcs-Consulting  
$82.88 -1.41
-1.67%

$84.57

108,110
122.85% of 50 DAV
50 DAV is 88,000
$92.75
-10.64%
6/15/2018 $7,070.00 PP = $72.00
MB = $75.60
Most Recent Note - 10/8/2018 6:55:02 PM
G - Still sputtering below its 50 DMA line ($86.32). A rebound above the 50 DMA line is needed for its outlook to improve. See the latest FSU analysis for more details and a new annotated graph.
>>> FEATURED STOCK ARTICLE : Recently Slumped Below 50-Day Moving Average Line - 10/8/2018
 |  View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A  S  I 
PANW - NYSE
Palo Alto Networks
Computer Sftwr-Security  
$202.38 -9.94
-4.68%

$214.85

1,947,168
160.00% of 50 DAV
50 DAV is 1,217,000
$239.50
-15.50%
6/12/2018 $206.55 PP = $214.69
MB = $225.42
Most Recent Note - 10/10/2018 6:06:23 PM
G - After noted technical sell signals it slumped even further below its 50 DMA line ($221) and below the prior high ($219.38 on 7/13/18) with heavier volume behind today's 12th consecutive loss. A rebound above the 50 DMA line is needed for its outlook to improve.
>>> FEATURED STOCK ARTICLE : Perched Near All-Time High With Volume Totals Cooling - 9/17/2018
 |  View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A  S  I 
Symbol/Exchange
Company Name
Industry Group
PRICE CHANGE
(%Change)
Day High Volume
(% DAV)
(% 50 day avg vol)
52 Wk Hi
% From Hi
Featured
Date
Price
Featured
Pivot Featured
Max Buy
PAYC - NYSE
Paycom Software Inc
COMPUTER SOFTWARE and SERVICES - Application Software  
$128.56 -6.24
-4.63%

$135.38

1,612,831
195.02% of 50 DAV
50 DAV is 827,000
$164.08
-21.65%
8/1/2018 $122.87 PP = $118.55
MB = $124.48
Most Recent Note - 10/10/2018 5:25:37 PM
Slumped further below its 50 DMA line with a volume-driven loss today after recently noted technical sell signals. A rebound above the 50 DMA line ($146) is needed for its outlook to improve. It will be dropped from the Featured Stocks list tonight.
>>> FEATURED STOCK ARTICLE : Very Extended From Base After Impressive Rally - 9/18/2018
 |  View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A  S  I 
GRUB - NYSE
Grubhub Inc
INTERNET - Content  
$117.82 -10.63
-8.28%

$128.69

3,106,897
275.92% of 50 DAV
50 DAV is 1,126,000
$149.35
-21.11%
8/24/2018 $138.44 PP = $141.16
MB = $148.22
Most Recent Note - 10/10/2018 5:27:16 PM
Slumped further below its 50 DMA line ($135) and below the recent low ($132.15 on 9/24/18) with today's volume-driven loss after noted technical sell signals. A rebound above the 50 DMA line is needed for its outlook to improve. It will be dropped from the Featured Stocks list tonight.
>>> FEATURED STOCK ARTICLE : Wedged Higher Then Fell Below Pivot Point With Heavier Volume - 9/19/2018
 |  View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A  S  I 
HQY - NASDAQ
Healthequity Inc
COMPUTER SOFTWARE and SERVICES - Healthcare Information Service  
$84.76 -3.95
-4.45%

$88.79

825,884
111.31% of 50 DAV
50 DAV is 742,000
$99.99
-15.23%
8/13/2018 $82.39 PP = $83.44
MB = $87.61
Most Recent Note - 10/8/2018 6:48:54 PM
G - Quietly slumped below its 50 DMA line ($89.05) today raising concerns. More damaging losses would raise greater concerns. Prior highs in the $82-83 area define the next important support to watch.
>>> FEATURED STOCK ARTICLE : Very Extended From Any Sound Base After Streak of Gains - 9/10/2018
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PYPL - NASDAQ
"PayPal Holdings, Inc"
Finance-CrdtCard/PmtPr  
$75.45 -4.58
-5.72%

$79.91

16,569,799
220.58% of 50 DAV
50 DAV is 7,512,000
$93.70
-19.48%
7/23/2018 $89.24 PP = $87.55
MB = $91.93
Most Recent Note - 10/10/2018 5:32:33 PM
Slumped further below its 200 DMA line ($82.24) and prior lows with a volume-driven loss today after damaging losses were noted triggered technical sell signals. A rebound above the 50 DMA line ($87.77) is needed for its outlook to improve. It will be dropped from the Featured Stocks list tonight.
>>> FEATURED STOCK ARTICLE : Consolidating Above 50-Day Moving Average Near High - 9/12/2018
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OLLI - NASDAQ
Ollie's Bargain Outlet
Retail-DiscountandVariety  
$87.36 -3.22
-3.55%

$90.97

919,359
142.32% of 50 DAV
50 DAV is 646,000
$97.61
-10.50%
7/12/2018 $74.43 PP = $77.60
MB = $81.48
Most Recent Note - 10/8/2018 12:49:02 PM
G - Very extended from any sound base. Its 50 DMA line ($83.59) defines near-term support above prior highs in the $77 area. Fundamentals remain strong.
>>> FEATURED STOCK ARTICLE : Encountered Distributional Pressure After a Great Rally - 10/9/2018
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Symbol/Exchange
Company Name
Industry Group
PRICE CHANGE
(%Change)
Day High Volume
(% DAV)
(% 50 day avg vol)
52 Wk Hi
% From Hi
Featured
Date
Price
Featured
Pivot Featured
Max Buy
TEAM - NASDAQ
Atlassian Corp Plc Cl A
Comp Sftwr-Spec Enterprs  
$78.65 -2.64
-3.25%

$80.69

2,381,154
163.77% of 50 DAV
50 DAV is 1,454,000
$98.21
-19.92%
7/27/2018 $73.73 PP = $68.85
MB = $72.29
Most Recent Note - 10/10/2018 5:29:58 PM
Slumped further below its 50 DMA line ($85.56) with a volume-driven loss today after a recently noted technical sell signal. A rebound above the 50 DMA line is needed for its outlook to improve. It will be dropped from the Featured Stocks list tonight.
>>> FEATURED STOCK ARTICLE : Extended From Base and Hitting Another New High - 9/14/2018
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SEND - NYSE
Sendgrid Inc
INTERNET - Content  
$29.70 -2.03
-6.40%

$31.66

739,231
82.05% of 50 DAV
50 DAV is 901,000
$38.66
-23.18%
8/13/2018 $32.20 PP = $32.13
MB = $33.74
Most Recent Note - 10/10/2018 5:24:08 PM
Slumped further below its 50 DMA line today after recently noted technical sell signals. A rebound above the 50 DMA line ($34) is needed for its outlook to improve. It will be dropped from the Featured Stocks list tonight.
>>> FEATURED STOCK ARTICLE : Extended From Prior Base Following Rally - 10/1/2018
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